Shares of Song Da 1.01 JSC (SJS), of which singer Khanh Phuong is a shareholder, continuously draw virtual Christmas trees.
Song Da 1.01 Joint Stock Company (Code SJS) has attracted much attention when singer Khanh Phuong appeared in the company's shareholder structure. During the time singer Khanh Phuong started participating in the company's Board of Directors from June 2022 until now, SJS shares have drawn virtual Christmas trees twice in a row.
Specifically, from June 2022, the SJS code was only priced at VND 1,400/share, but then increased to a peak of VND 17,900/share on December 26, 2022, just 6 months after singer Khanh Phuong joined the Board of Directors.
Song Da 1.01 (SJS) shares of singer Khanh Phuong continuously draw virtual pine trees (Photo TL)
After reaching its peak, SJS shares continuously fell sharply, down to VND 4,600/share in the trading session on March 20, 2023, equivalent to a loss of 74% in just the next 3 months.
Not stopping there, SJS shares then continued to increase in price to VND 15,700/share on June 19, 2023 before plummeting to VND 10,200/share on July 24, 2023. Up to now, SJS shares are still in a state of restricted trading, standing at VND 13,400/share.
Director of Song Da 1.01 resigns, 'accuses' company of not paying salary as promised for 7 months now
Recently, a new announcement was posted on the homepage of Song Da 1.01 Joint Stock Company. In which Mr. Le Ha Phuong will cease to hold the position of Executive Director from August 1, 2023. Mr. Phuong also announced the unilateral termination of the labor contract with Song Da 1.01 Joint Stock Company before the deadline.
Notice of unilateral termination of labor contract of director Le Ha Phuong due to failure to pay salary as committed.
The reason given by Mr. Phuong is that the company has not paid him the full salary as committed from the date of signing the labor contract on January 2, 2023 until now. In the notice, Mr. Phuong also requested that SJC send someone to receive and hand over the work, pay all the salary as well as publicly announce the information according to the provisions of law.
Also on the same day, Song Da 1.01 Joint Stock Company also announced the postponement of the 2023 annual general meeting of shareholders. The first meeting could not be held because the number of shareholders attending did not reach 50% of the voting shares. The company is expected to hold the second meeting on August 27, 2023.
However, the Board of Directors currently needs to add more business content and develop a new operating plan, so the Board of Directors has decided to postpone the annual General Meeting of Shareholders until further notice.
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